House of Representatives
Tax Laws Amendment (Implementation of the Common Reporting Standard) Bill 2015
Explanatory Memorandum
(Circulated by the authority of the Treasurer, the Hon S. J. Morrison MP)Glossary
The following abbreviations and acronyms are used throughout this explanatory memorandum.
| Abbreviation | Definition |
| ATO | Australian Taxation Office |
| Commissioner | Commissioner of Taxation |
| Convention | The Multilateral Convention on Mutual Administrative Assistance in Tax Matters |
| CRS | Common Reporting Standard |
| CRS Commentary | Commentaries on the Common Reporting Standard |
| FATCA | Foreign Account Tax Compliance Act |
| ICCPR | International Covenant on Civil and Political Rights |
| MCAA | Multilateral Competent Authority Agreement |
| OECD | Organisation for Economic Co-operation and Development |
| TAA 1953 | Taxation Administration Act 1953 |
| US | United States of America |